NOT LISTED FOR SALE

316 Lexington Ave Hayward, CA 94544

Fairway Park Neighborhood

Estimated Value: $1,054,000 - $1,460,000

6 Beds
4 Baths
2,474 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $955,000 $386 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,156/month

9 Days on Market

Highlights

  • 0.29 Acre Lot
  • Fenced
  • Back Yard
  • James Logan High School Rated A
  • Carpet
  • 1-Story Property

About This Home

As of November 2017

Rare find single story 4 Plex nested in quite single family area. Great income producing property with long term tenants and excellent rental history. Rents below market. Union City New Haven School District. Front Yard and individual back yards. Washer hook up in each unit. Bonus vacant lot on the side included. Priced below market for quick AS-IS sale. Individual unit square footage are estimates. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Simon Chen

Bay East AOR License #01124459 Listed on: 10/16/2017

Last Buyer's Agent

Louiis Kang

Legacy Real Estate & Associates License #01916275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,924

Year Built

  • 1958

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Back Yard

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,474 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $65,760

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,100
  • Manager Expense $4,140
  • Utility Expense $4,854
  • Operating Expense $18,700
  • Gross Income $65,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,924

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Fourplex
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2474
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Countertop - Formica, Exhaust Fan, Garbage Disposal
  • Living Sq Ft: 2474
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: New Haven Unified

Lot Info

  • Lot Acres: 0.2888
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12579.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12579.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.22
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1100
  • Expense Landscape: 1800
  • Expense Management: 4140
  • Expenses Total: 18700
  • Expenses Utility: 4854
  • Income Annual Gross: 65760.00
  • Income Annual Rental: 65760
  • Income Gross Scheduled: 65760
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Gardener, Services - Sewer, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Du John H and Du Cybelle D
Bought by
2023 John H Du And Cybelle Tran Revocable Tru and Du
Current Estimated Value
$1,294,027

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 9, 2017
Sold by
Ku Eugene Pang and Lee Wai Ling
Bought by
Du John H and Tran Cybelle D
Seller's Agent
Simon Chen
Bay East AOR
Buyer's Agent
Louiis Kang
Legacy Real Estate & Associates
List Price
$935,000
Sold Price
$955,000
Premium/Discount to List
$20,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2017
Sold by
Ku Eugene Pang and Lee Wai Ling
Bought by
Ku Eugene Pang and Lee Wai Ling

Purchase Details

Closed on
Aug 17, 2011
Sold by
S & J Rental Properties
Bought by
Ku Eugene P and Ku Wi Ling

Purchase Details

Closed on
Apr 1, 2004
Sold by
Zamora John E and Zamora Sonja C
Bought by
S & J Rental Properties Of Ca Llc

Purchase Details

Closed on
Feb 5, 2003
Sold by
Zamora John E and Zamora Sonja C
Bought by
Zamora John E and Zamora Sonja C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.86%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Zamora John E and Zamora Sonja C
Bought by
Zamora John E and Zamora Sonja C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.86%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Zamora John E and Zamora Sonja C
Bought by
Zamora John E and Zamora Sonja C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.07%

Purchase Details

Closed on
May 15, 1998
Sold by
Bell Michael V and Bell Daniel M
Bought by
Zamora John E and Zamora Sonja C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.07%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Bell Martin J Living Trust and Daniel M
Bought by
Bell Michael V and Bell Daniel M

Purchase Details

Closed on
Jun 3, 1996
Sold by
Bell Martin J
Bought by
Bell Martin J and The M J Bell Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2023 John H Du And Cybelle Tran Revocable Tru -- None Listed On Document
Du John H $955,000 Chicago Title Company
Ku Eugene Pang -- None Available
Ku Eugene P $490,000 Chicago Title Company
S & J Rental Properties Of Ca Llc -- --
Zamora John E -- --
Zamora John E -- --
Zamora John E -- New Century Title Company
Zamora John E -- --
Zamora John E $285,000 Fidelity National Title Co
Bell Michael V -- Fidelity National Title Co
Bell Inez Patricia -- Fidelity National Title Co
Bell Martin W -- Fidelity National Title Co
Bell Michael V -- --
Bell Martin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Du John H $600,000
Previous Owner Zamora John E $176,000
Previous Owner Zamora John E $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $955,000 +2.1% $386 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $935,000 -- $378 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,924 $1,242,607 $380,312 $862,295
2024 $13,924 $1,065,301 $372,855 $692,446
2023 $13,625 $1,044,415 $365,545 $678,870
2022 $13,454 $1,023,940 $358,379 $665,561
2021 $13,154 $1,003,866 $351,353 $652,513
2020 $12,808 $993,581 $347,753 $645,828
2019 $12,958 $974,100 $340,935 $633,165
2018 $12,703 $955,000 $334,250 $620,750
2017 $7,223 $530,301 $159,090 $371,211
2016 $6,807 $519,904 $155,971 $363,933
2015 $6,700 $512,098 $153,629 $358,469
2014 $6,456 $502,068 $150,620 $351,448
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Simon Chen

    Bay East AOR

  • Louiis Kang

    Buyer's Agent in 2017

    Louiis Kang

    Legacy Real Estate & Associates

    (408) 712-2455

    33 Total Sales

    Louiis Kang
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Map

Source: MLSListings

MLS Number: ML81681791

MLSListings

APN: 078G-2765-007-01

California Alameda County Hayward 94544 Fairway Park

316 Lexington Ave, Hayward, CA

This home is located at 316 Lexington Ave, Hayward, CA 94544 since 16 October 2017 and is currently estimated at $1,294,027, approximately $523 per square foot. This property was built in 1958. 316 Lexington Ave is a home located in Alameda County with nearby schools including Hillview Crest Elementary School, Cesar Chavez Middle School, and James Logan High School.

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